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Insights
04-Feb-19 Chinese social media apps have become hugely popular in India, with five out of the top 10 apps being Chinese-owned in 2018. The Indian government is drafting regulations to moderate content, in an effort to help Indian start-ups. [image: Financial Times]
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Insights
28-Jan-19 State-owned Saudi Aramco plans to invest up to USD1.6 bn for a nearly 20 percent stake in South Korean refiner Hyundai Oilbank, expanding its foothold in one of its biggest Asian buyers of crude oil. [image: Reuters / Hamad I Mohammed]
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18-Jan-19 Indian infrastructure conglomerate Adani Group has signed a joint venture with German giant BASF for setting up acrylics manufacturing units costing USD2.25 bn, in its first foray into petrochemicals, and BASF’s largest investment in India to date. [image: AFP]
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Insights
16-Jan-19 As wages in China have risen, many Hong Kong enterprises with manufacturing there have tried to cut costs and navigate the Sino-US trade dispute by taking production offshore to emerging economies such as Indonesia, India and Vietnam. [image: HKTDC]
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Insights
10-Jan-19 Worldwide users of Alipay, China’s leading online payment platform, have exceeded one billion. Alipay’s Ant Financial Services Group said it had cooperated with nearly ten major overseas smart payment companies, which contributed to its growth in user numbers. [image: Alipay]
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